Two $50M+ Milestones: Announcing Our Series B and Over $50M Found by Customers
We closed our Series B funding round today, bringing our total funding to date to $55 million.
Cathay Innovation and SignalFire joined as new investors along with our previous investors Coatue, NextGen Venture Partners, Eniac Ventures and Elad Gil. This is an exciting and humbling milestone, but it's not the important milestone that we're celebrating.
The Real Milestone:
We've hit another exciting milestone at Unsupervised - our customers have now identified over $50 million in actionable insights using our AI Analytics. This number is one that we obsess over more than any other, as it demonstrates the real value and impact our technology is delivering.
By leveraging unsupervised learning, we're able to automatically surface valuable insights from complex enterprise data, empowering companies to make data-driven decisions quickly without needing an army of analysts.
Measuring the Value of Data
But how do you measure the value of data? For us, it's in the opportunities data reveals.
That's why so much of our time and energy went into creating an end-to-end platform. We built the platform to:
Take in all data regardless of source and structure
Automate the data preparation work and pattern discovery that holds businesses back
Surface insights continuously to teams
Provide a collaborative workflow for businesses to value, prioritize and track the monetary return on the decisions they make
What Our Customers Tell Us:
"What we hear from our customers time and time again is that they have enough analytics and intelligence tools to monitor their business; what they need is a platform to help them change the business. That's what we set out to deliver."
Our Series B is an enormous boost to our ability to meet this mission. But it's the value of the opportunities we're unlocking for our customers that lets us know how we're actually progressing against the important goals.
If you're interested in finding valuable insights using Unsupervised as a customer or partner, let us know here.
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